KSN 6.85% 7.8¢ kingston resources limited

Ann: Open Pit Ore Commissioning Underway at Mineral Hill, page-12

  1. 12,928 Posts.
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    Couldn't sit on my hands anymore if S/Hs are going lose their heads and give away shares on the cusp of major company milestones ...I'm happy to get a few more 7.2c ...just need to look back at the CR presentation in MAR24...

    present KSN -$8mill+ cash ...market gives total A$50mill market value

    Total mineral hill resource = 767koz+ Aueq + PNG Misima 3.7Moz Au = 4.46MOz 100% KSN Gold eq resource

    --https://hotcopper.com.au/data/attachments/6361/6361163-82f250506835c239ea9f631b97f13bb3.jpg

    So if the AISC stay much the same Diesel prices cheaper now than March this year .. but even if its touch higher to say A$1400oz at present $3782oz = $2382oz open pit margin..

    when we see 30koz aueq produced 12-16month out >> that over $70,000,0000 profit ...
    and as KSN has Accumulated losses some 50mill JUN23 which I'm sure will be closer to 60mill the TAX bill will be low..

    Which will see KSN commanding a very FAT Cash balance to drive exploration and M&A ,JVP plant upgrades etc

 
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